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What is Johnson & Johnson's debt/equity ratio?

The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Johnson & Johnson debt/equity for the three months ending December 31, 2023 was 0.38. Johnson & Johnson's biggest strength is its diversified business model.

What are Johnson & Johnson Financial ratios?

Johnson & Johnson financial ratios grouped by activity, liquidity, solvency, and profitability. Valuation ratios such as P/E, P/BV, P/S.

What was Johnson & Johnson's debt/equity for the 3 months ending December 31 2023?

Johnson & Johnson debt/equity for the three months ending December 31, 2023 was 0.38. Johnson & Johnson's biggest strength is its diversified business model. It operates through pharmaceuticals, medical devices and consumer products divisions. Its diversification helps it to withstand economic cycles more effectively.

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